Average % drop by region??

archie9uk

Is there somewhere I can look for average percentage falls in value by region, postcode etc? As far as I can see, in my area, prices are pretty much the same as they have been for the last couple of years. (But properties seem to be taking longer to sell and there are fewer for sale.)

Generali

archie9uk wrote: »

Is there somewhere I can look for average percentage falls in value by region, postcode etc? As far as I can see, in my area, prices are pretty much the same as they have been for the last couple of years. (But properties seem to be taking longer to sell and there are fewer for sale.)

HBOS produce figures by region (quarterly???). Websites like nethouseprices produce them on demand and for much smaller areas but use Land Registry data which lags sales by about 4 months currently, usually 3 months. The latter will also give you prices on a house-by-house basis.

Beckymarshall07

Check out rightmove monthly property report - they usually have a breakdown of house prices by region.

pickledpink

archie9uk wrote: »

Is there somewhere I can look for average percentage falls in value by region, postcode etc? As far as I can see, in my area, prices are pretty much the same as they have been for the last couple of years. (But properties seem to be taking longer to sell and there are fewer for sale.)

Property prices ROSE in January of this year. Haven't you heard?:money:

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pickledpink wrote: »

Property prices ROSE in January of this year. Haven't you heard?:money:

Fortunately if you take away the seasonal adjustment from the Halifax figures, it seems they actually fell by around 1.1%, which tallys closely with the Nationwide's 1.3% fall. It was all just VI spin. Next month you will see more inexorable falls. Sorry to burst your bubble (no pun intended:D)

pickledpink

ad9898 wrote: »

Fortunately if you take away the seasonal adjustment from the Halifax figures, it seems they actually fell by around 1.1%, which tallys closely with the Nationwide's 1.3% fall. It was all just VI spin. Next month you will see more inexorable falls. Sorry to burst your bubble (no pun intended:D)

They still ROSE though. Go figure!:money:

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pickledpink wrote: »

They still ROSE though. Go figure!:money:

Nope, like I said, they fell, saying something has happened, is not the same as it actually happening.

E.g. I could say 'It's hot and sunny today', however when someone seeks proof of my statement and goes outside, they will find the facts are some what different and it's actually cloudy and freezing.

themanbearpig

pickledpink wrote: »

They still ROSE though. Go figure!:money:

Shouting "prices ROSE!!" doesn't make your post any more worthy of attention.
You need to understand that they are a huge number of very wealthy people with a strong interest in the market not crashing, hence will influence the fudging of the statistics. If you believe otherwise, you are incredibly naive.

The_Fat_el_Hombre

ad9898 wrote: »

Nope, like I said, they fell, saying something has happened, is not the same as it actually happening.

E.g. I could say 'It's hot and sunny today', however when someone seeks proof of my statement and goes outside, they will find the facts are some what different and it's actually cloudy and freezing.

Can you drop me a link to what actually happened as opposed to what Halifax said please?

I saw the thread on house prices supposedly rising but obviously missed the bit where people are saying that it was just spin

I'm a FTB and am very much hoping they continue to drop

[Deleted User]

Page 6 any good?

http://www1.landregistry.gov.uk/assets/library/documents/29012009e.pdf

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Chlamydia wrote: »

I'm a FTB and am very much hoping they continue to drop

Don't worry, even if you forget everything else, the money simply does not exist to keep houses at even their present levels, nevermind 2007 levels. When all this eventually plays out 40% down is going to look bullish.